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MILLIMAN ADVISORS
LIC files DRHP with Sebi for India's largest IPO, govt to offload 5% stakeThe issue is completely an offer for sale of 31,62,49,885 equity shares by the promoter, which holds a 100 per cent stake in the insurance ...15 Feb, 2022, 01.27 PM IST- Govt files draft papers with Sebi for LIC IPOPreparations done and all the loose ends have been tied up, the sources said, adding that DRHP can be filed either on Monday or Tuesday.13 Feb, 2022, 08.00 PM IST
- LIC set to approach regulator for nods before filing DRHPLife Insurance Corporation (LIC) will soon reach out to insurance regulator the Insurance Regulatory and Development Authority of India (IR...29 Jan, 2022, 08.12 AM IST
- LIC to file draft IPO papers with Sebi next monthSince the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign...03 Oct, 2021, 11.08 AM IST
- India puts checks in place for LIC, foreign holding may be capped at 20%The country’s biggest life insurer is expected to make its initial public offer (IPO) later this year. Expected to be the biggest ever in t...31 Aug, 2021, 06.43 AM IST
- Goldman Sachs, J P Morgan Chase among 10 merchant bankers to manage LIC IPOThe government aims to come out with the IPO and subsequent listing of Life Insurance Corporation (LIC) on the bourses in the January-March...29 Aug, 2021, 11.34 AM IST
- 16 merchant bankers in race for managing LIC IPOSeven international bankers, including BNP Paribas, Citigroup Global Markets India and DSP Merrill Lynch Ltd (now known as BofA Securities)...23 Aug, 2021, 03.15 PM IST
- Government green-lights LIC public offerThe government has cleared the decks for the IPO of state-owned Life Insurance Corp (LIC) of India, likely to be the country’s biggest such...14 Jul, 2021, 10.55 AM IST
- American economy not yet ready for end to Federal stimulus, top official saysWhile the Fed has begun to consider when to taper its massive bond-buying program, New York Fed President John Williams told reporters the ...12 Jul, 2021, 10.46 PM IST
- CCEA clears LIC disinvestment; panel headed by FM to decide quantum of stake saleThe Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insure...12 Jul, 2021, 09.12 PM IST
- LIC IPO: Govt likely to invite bids from merchant bankers this monthThe government is likely to invite bids from merchant bankers this month for managing LIC disinvestment as it moves ahead with plans to lau...04 Jul, 2021, 02.20 PM IST
- Government proposes to hike LIC authorised capital to Rs 25,000 croreCurrently, the paid-up capital of the life insurance company with over 29 crore policies is Rs 100 crore.07 Mar, 2021, 02.02 PM IST
- Hold an LIC policy? Smile! You will have a quota in the IPO"In the Finance Bill 2021-22, it has been proposed to have a reservation on a competitive basis, to an extent of up to 10 per cent of the i...10 Feb, 2021, 09.42 AM IST
- LIC IPO may hit market in Q4 of next fiscal: DEA SecretaryAs many as 27 amendments have been pushed through the Finance Bill 2021 tabled by Finance Minister Nirmala Sitharaman on Monday along with ...03 Feb, 2021, 09.47 PM IST
- FinMin appoints Milliman Advisors for valuing LIC pre-IPOThe firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.01 Jan, 2021, 08.40 AM IST
- 3 firms in race to be actuarial for LIC IPOEY Actuarial Services, Milliman Advisors and Willis Towers Watson actuarial advisory are in race for being appointed as the actuarial firm ...18 Dec, 2020, 09.05 AM IST
- LIC IPO: EY, Milliman and Willis Towers Watson in race for actuarial firm appointmentThe firms have made presentations to the government on Thursday, following which financial bids have been opened.17 Dec, 2020, 10.40 PM IST
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